EU and US Seek Collaborative Crypto Regulation, Potentially Reshaping Global Market Dynamics

The European Union (EU) is working with the United States to establish a collaborative trade initiative focused on crypto regulation. This follows a divergence in approaches between the EU’s market-leading digital asset policies under the Markets in Crypto-Assets Regulation (MiCAR) and the US’s fragmented approach. With the aim of achieving harmonized regulatory environments, this initiative could significantly impact both markets.